(VIANEWS) – The NYSE opens in less than two hours and Lennar Corporation‘s pre-market value is already 4.4% down.
Lennar Corporation’s last close was $151.75, 2.73% under its 52-week high of $156.01.
The last session, NYSE finished with Lennar Corporation (LEN) sliding 2.22% to $151.75. NYSE rose 0.11% to $16,799.54, following the last session’s upward trend on what was a somewhat positive trend exchanging session.
About Lennar Corporation
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title, insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
Earnings Per Share
As for profitability, Lennar Corporation has a trailing twelve months EPS of $13.73.
PE Ratio
Lennar Corporation has a trailing twelve months price to earnings ratio of 11.05. Meaning, the purchaser of the share is investing $11.05 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.55%.
Sales Growth
Lennar Corporation’s sales growth for the next quarter is 4.9%.
More news about Lennar Corporation (LEN).
